An Orange man admitted in federal court Monday to embezzling $1.4 million from his employer as he was awaiting sentencing in another embezzlement case.

Peter Suk Lee, 49, pleaded guilty to a federal bank charge and faces up to 90 years in federal prison.

Lee worked as a controller for Los Angeles-based Contempo Inc. USA, a family-owned company that imports and distributes fashion accessories.

From August 2014 through September of last year, Lee forged signatures of company officials on 92 unauthorized checks made to him worth $1.38 million. Around $393,400 was deposited into a TD Ameritrade account. Other money was wired to casinos for his use.

At the same time, Lee was free on bond after pleading guilty to stealing $2.65 million from Glovis America, an Irvine-based logistics company where he had worked as an accounting manager.

In court, Lee also admitted to embezzling $70,000 from Orion Technology in Placentia.

“This defendant’s brazen theft of millions of dollars from three different employers in only a few years was extremely harmful to those companies,” said U.S. Attorney Eileen M. Decker. “That Mr. Lee continued to victimize employers while pending sentencing on fraud charges makes his actions all the more outrageous.”

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